Va. Code § 46.2-442

Current with changes from the 2024 legislative session through ch. 845

Section 46.2-442 - Default of foreign insurance carrier

If any insurance carrier not authorized to do business in the Commonwealth which is qualified to furnish proof of financial responsibility defaults in any of its undertakings or agreements, the Commissioner shall not thereafter accept any certificate of that carrier so long as the default continues and shall revoke licenses previously granted on the basis of its policies unless the default is immediately repaired.

Va. Code § 46.2-442

Code 1950, § 46-462; 1958, c. 541, § 46.1-474; 1989, c. 727.

Amended by Acts 1989, c. 727.

Amended by Acts 1958, c. 541, § 46.1-474.